Share buy-back Program

On 6 March 2019, Royal Unibrew initiated a share buy-back program, cf. company announcement no. 9/2019 of 6 March 2019. The program is carried out under Art. 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (the Market Abuse Regulation - MAR) and the resulting delegated legislation. The share buy-back program is expected to be realised in the period from 7 March 2019 to 31 October 2019. The total share buy-back in the period will not exceed a market price of DKK 400 million.

The following transactions have been made under the program:

Number ofShares

Average purchase price

Transaction value, DKK

Accumulated, last announcement

489,383

485.40

237,548,461.13

1 July 2019

1,852

496.31

919,171.86

2 July 2019

2,900

495.66

1,437,427.92

3 July 2019

4,447

490.30

2,180,383.67

4 July 2019

7,000

490.79

3,435,546.80

5 July 2019

18,193

481.89

8,767,106.64

Accumulated under the program

523,775

485.49

254,288,098.02

With the transactions stated above Royal Unibrew owns a total of 617,284 shares, corresponding to 1.2% of the share capital. The total amount of shares in the company is 50,100,000, including treasury shares.